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Dec 30, 2012 7:00am EST
. the government gets the money from us. i do not see how they have the right to sit there and play politics with each other and try to make decisions that are going to just benefit them. maybe a small part of the population. this is the united states. we're supposed to be tried to help everybody. we cannot be scared of what is clear to happen to us when many people are barely able to meet their bills. they may have to be afraid of what is going to happen to them. what kind of government would do that to their people? they should try to make us feel calm. like we are really going to get something done. host: from crawford, indiana this morning. on twitter -- another tweet i want to read this morning -- jodi wrtes in -- we will be taking your calls all of this morning for this segment and the next segment on the "washington journal." we told you what was going on in the senate. here is "roll-call" newspaper and what is being prepped in the house today -- alan ota writes, the speaker made it clear -- that is what is going on in the house. let's go to charles on a republican line from maryland.
FOX Business
Dec 27, 2012 9:20am EST
love this, as opposed to letting the government do it. we he don't need the government to do this. this is what americans can do. stuart: you've got the last word on me there, mark lanier, very good, very good. you walk away from your 227 million, mark, have a wonderful new year. >> thank you. stuart: a massive storm, serious stuff here, big storms through the u.s., high winds, snow, everybody came down and stranding a lot of travelers across the country and dumping inches of snow in some cities, actually feet in some areas. roadways in the northeast covered with snow, again, two feet of snow in some areas. big delays in a lot of airports. big headaches for holiday travelers, that storm is blamed for the at least six deaths. if congress and the president can't come up with a plan and we dive on that fiscal cliff, look what would happen to the average federal taxpayers, the average taxpayer is roughly 50,000 bucks a year and that person would pay a extra, 1238 per year in taxes. in fact, every taxpayer would pay more if we go over that cliff. clearly, that would be a hit to the ove
Dec 26, 2012 7:00am EST
a social security, medicare, medicaid. that is not the only entitlements. every government program that has a retirement benefit, a health-care benefit, those are entitlements, two, up to and including the entitlements for the congressman. let's be fair. when they start talking about entitlements and hold it to those three items, let's hold their feet to the fire and make them talk about entitlements for the other folks, too. host: appreciate you calling this morning. donna writes about this on twitter. if that to facebook here. -- back to you facebook here. budget showdown hits the keep week. that is of the front page reminding us of the deadline looming. it is a bloomberg story here out of the district. i you can watch the byplay here on the c-span that works with the president heading back to town tonight. the senate and house are due back tomorrow. billy from jacksonville, florida, to life for waiting. caller: i am very optimistic but i worry that the president will not get a chance because lindsey gramm already stated he will fight. i think there will already be another big fight for t
Dec 31, 2012 7:00am EST
-span would have more programs dealing with all of the options that could lessen the burden on the government and the taxpayer for the medical costs. i believe that in medicare buy- in -- i have 10 years left to go until medicare. i pay $620 a month for my health care. that is a lot of money. i would give that to the government and would usn't use t $100 or $200 a year. host: that is an important issue. we will focus more as the affordable care act t kicks in. for the suggestion -- thank you for the suggestion. the deficit is close to $16.4 trillion. this is part of the debate we will see at the start of the new congress. the so-called fiscal cliff was coined by ben bernanke. the story from "roll call." "it could be reached over this weekend." were heard from the house rules committee chairman yesterday. they are taking steps in advance to extend these tax cuts. a deal could be on the floor today if there is an agreement. from "the washington times" this morning. "offers fly, but still no agreement" is the headline. mitch mcconnell bypassed senator reid to speak directly to the vice president
Dec 29, 2012 7:00am EST
bit of fear into these people. it just shows the control the wealthy have over the government in both parties. host: more from "the washington post." they write -- back to the telephones. derrick from maryland on the line for democrats. your thoughts about the fiscal clause bill. caller: i think they will do a good deal if they can keep mitch mcconnell out of there. one of the things i really have a problem with, that is when thing i say democrats, let's get the ground game for 2014. republicansd of the at enter the house. let's take the house and just ran it all down their throats. host: we will move onto glen on the line for independents. caller: here is the problem that we have a. we have people that are working hard for the american people. we have a constitution. we have deviated from the constitution. host: who are the people working hard for the american people? caller: the american citizens. it takes two american citizens -- your mother and father have to be american citizens to be the president of the united states. we need to have a confirmation hearing. on the birth certifi
FOX News
Dec 31, 2012 6:00am PST
at this moment is not in effect. the french government and francois hollande says, it won't make any difference. we'll rewrite the law using new wording and we'll catch more people in the 75% tax rate net. heather: stuart varney, i know you have a lot of work to do today. it is a busy day financially. thank you. >> thank you. gregg: what will it mean if lawmakers fail to strike a deal? according to the tax policy center 90% of the americans would see a tax hike in 2013. 121 million people will be paying a whole lot more in payroll taxs. those are social security payroll taxs. families making between 40 and $65,000 a year will have to pay an extra two grand to the u.s. government. the more you make, boy, that number really accelerates. heather? heather: another devastating blow in the fiscal cliff crisis, this mess, will be to the military. $500 billion slashed from the pentagon budget that is raising serious concerns about our national security. chairman of the house armed services committee, california congressman, bruce mckeown will weigh in on the impact these cuts will v that is live in our
Dec 27, 2012 6:00pm PST
can move forward? >> well, first of all, we have to be able to govern. we have to have an adult conversation, getting people in the room who actually want to solve this problem. and i think it's very important to step back and see the fact that we have already -- there are three poorts parts of this deficit reduction stool. we've already in the past two years passed $1.6 trillion in spending cuts. we've passed over $700 billion in savings in medicare through reforms like cutting back on overpayments to insurance companies. the one piece of this puzzle that we've not been able to get any support for is making sure that the wealthiest among us help solve this problem by being willing to pay a little bit more to be part of the solution. so we have sent a bill to the house back in july, bipartisan bill that says what -- everybody says they don't want middle-class families to have their taxes go up, well, fine. why don't we start with something we can agree on, which is that? and just pass that. why doesn't the house just pass that? but as we know, the speaker couldn't even pass his
Dec 28, 2012 8:00pm EST
will govern more in the mode of his first two years when he was governor of massachusetts? they uniformly said they'd be disappointed and in fact labrador one of the stars of the tea party featured in my book said there would be an insurrection. people say we have been really boisterous. you have seen nothing yet. if president romney behaves like a conservative it's going to be the death of the republican party. >> i am just going to let that sit there for a second and let that sink right in. [laughter] let's come back to the leadership. i want to ask you specifically as individuals and as a threesome that way they do or do not work well together, boehner cantor and mccarthy. characterize each one in shorthand beginning with speaker boehner. >> john boehner is a washington lifer and was not the obvious choice to be leading this sort of tea party crafts. nonetheless you can see the tea party phenomenon for the trade -- freight train that it was an elected to be on the train rather than underneath it. speaker boehner campaigned heavily for a number of the tea party freshman andy also you know be
FOX News
Dec 28, 2012 6:00am PST
,000 a year would pay an extra two grand or so to the government. gregg: the big question, do lawmakers hope to get anything out of the last minute fiscal cliff talks or is it just for show? democratic congressman chris van hollen is the ranking member of the house budget committee. he will be joining us live coming up in the next hour what he really thinks is going on. patti ann: well the u.s. economy meanwhile could suffer yet another major blow. looming strikes at ports from next sass to boston are threatening to put thousands of americans out of work. with potential losses for u.s. businesses ranging in the billions. >> the port of baltimore is one of maryland's largest economic generators. any type of work action that may result in a suspension or stoppage of work would have an adverse effect. >> we handle more cars, we handle more farm and construction equipment than any other u.s. port. patti ann: we're learning that adverse effect could take a toll on the economy. fox business network's stuart varney has more for us on that this morning. good morning, stu. >> good morning, patti ann.
Dec 28, 2012 9:00pm PST
serve to, "embarrass the administration, destroy the energy of government, and substitute the pleasure, caprice or artifices of an insignificant, turbulent, or corrupt junta to the regular deliberations and decisions of a respectable majority." good writer, that hamilton. but in recent years, the senate has been remade into a super majority constitution. disturb institution. you need 60 votes to get almost anything done. between 2009 and 2010, we had more filibusters than we had in the '50s, '60s, and '70s combined. and they're not filibusters like we think of them, where the senators go to the floor and debate an issue until they keel over from exhaustion. they're just obstruction. if you watch a filibuster today, it doesn't look like anything. it's the blue screen on c-span, the one with the classical music playing over it. you don't tune in to here an intense minority demand a great debate on the issue of the day. you tune in to hear a string quartet. senator jeff merkley, a democrat from oregon is trying to change that. he's got a proposal to force talking filibusters in the senate
Dec 28, 2012 11:00pm EST
this point, rahm emanuel i say the republican party steeply provided to turn this small government land and no government land. there is a truth that not far. i am told we are now at our time. i want mickey to come back with a few closing comments. a part of this but that hasn't gotten as much attention in season mention that i like the bromides we should ignore chapter, which i would reach of the political system will collect no, no. third party to the, no. budget amendment say no. term limits they say no and public financing of elections no. but then i have a whole bunch of things they say yes to and i propose we have an election between the shadow congress and the current congress and then we can see who wins. so let me invite everybody to do closing comments. >> just going down a couple of these. does this represent the republican party as a whole. as citizens just said no, but it does represent is who vote in primaries. so it's a matter of you can't he on the ballot. every state in the united states has a sore looser law from which means if you cluster primary come you can't appear
Dec 30, 2012 8:30am PST
's insistence that the wealthy pay more in taxes. >> the president's tax hook would only fund the government for eight days. americans deserve to know what is the president -- what does the president propose we do for the other 357 days of the year. >> reporter: president obama insists his plan on the table is fair and includes plenty of cuts to government spending. >> we just can't afford a politically self-inflicted wound to our economy. >> reporter: if sunday's negotiations don't pan out, the president said he's ready to propose his own scaled-back bill that would block tax increases for all but the wealthy. and preserve expiring unemployment benefits. with the deficit ticking ever higher, patience is wearing thin. >> for those of us who invest in the stock market, it's disgusting to watch them jockey around with our money. >> reporter: missing in all the last-minute negotiations is talk of the $1.2 trillion of mandatory spending cuts scheduled to go into affect today. tara mergener for cbs news, washington. >>> former president george h.w. bush is 88 years old and sent to the hospital la
FOX Business
Dec 27, 2012 11:00am EST
the world. look at japan and europe. the japanese government is the glaring war on japanese citizens. it will create inflation. if the japanese citizens start to dump their bonds, they have been a bigger part then japan recently. that is a big problem for us. their euro has been quietly depreciating. if that goes out, that is a much bigger fiscal cliff. if the buyers of treasuries become sellers. liz: there are a lot of "if" in your discussion. the bond markets are still pretty -- nothing from the bottom vigilantes yet. you were a clinton advisor. you saw in the mid- 90s bond yields really spike higher. that is the issue. if we see the economy healing, bond yields could go up. investors say, wait a second, why invest for bond. >> that is the key issue. we have not seen interest rates spike for a simple reason. nobody has confidence in the economy. nobody believes we will have robust economic growth. we could be heading towards a recession. especially given the disappointing christmas sales. i am frankly skeptical about what will happen with our economy either way. i think we will go
Dec 29, 2012 7:00am PST
the finger on the thing that we are missing when we taub abolk this, because we act as if congress governs at a body with national interests and held accountable to national constituencies, but no, if it is game theory, each one of them is facing a different payoff structure in their own home constituen constituency. >> and it is skewed. first of all the tea party a minority, but the way that the republicans control the state governmentships and the state legislators, they can shift districts to ensure republican majority in congress which is not real in terms of who the american people are. and that is pa rt of the problem we are facing is that they can play the games, because what is back home is not back home except for the twist they want to put on it. >> and this is the critical issue of the 2010 midterms and in a certain way all elections matter, but really they do matter, because they redrew the districts in such a way that make them relatively safe. so even if they make the bad deal, they may open the case that says you are re-elected in 2014. >> that is why you see bay snor who th
Dec 28, 2012 4:00am PST
-home pay shrinks and the government spending gets slashed if elected officials cannot figure out a way to get compromised, all in the hanlds of the six leaders. this afternoon the president, vice president biden, senate majority leader harry reid, house minority leader nancy pelosi, all on the democratic side, mitch mcconnell representing the republicans, white house correspondent brianna keilar, the house doesn't return to work until sunday so they'll work on a framework hopefully could get voted on sunday evening we might have a deal before monday. am i being ridiculous? >> reporter: maybe not sunday evening, maybe on monday, that's the best case scenario but ali, i will tell you talking to sources this morning, even though technically it is possible for there to be a deal, it seems increasingly unlikely. i'm hearing a real lack of confidence that we don't go over the fiscal cliff and i think the expectation is that perhaps we go over it for a day or two, and some are rationalizing that you can go over it maybe for a day or two, and it's still going to be okay, that it's something th
Dec 28, 2012 7:00am PST
and government spending cuts. some fear the meet as good just for show, however a big development with the senate minority leader. he spoke directly with the president for the first time in negotiations. >> i told the president we would be happy to look at whatever he proposes but the truth is we're coming up against a hard dead line here and as i said, this is a conversation we should have had months ago. >> the main sticking point is who should pay more in taxes. democrats want a hike on households making more than $400,000 a year and republican aids say their leaders might get on board with that offer. >>> meanwhile if they aren't able to avoid the fiscal cliff people here in alabama will be especially hard hit. that's because prop 30 will soon mean higher sales taxes and higher income taxes on the state's top earners, the fiscal cliff would add to that hitting all american with higher taxes. >> i don't know if there's a word to describe how upset the public is going to be. nobody's going to be happy to see that happen. >> if taxes go up on everybody it's not going to be a happy time but i thi
Search Results 0 to 20 of about 21 (some duplicates have been removed)